Equity Residential (NYSE:EQR) Price Target Raised to $66.00 at Mizuho

Equity Residential (NYSE:EQR) had its price objective raised by Mizuho from $65.00 to $66.00 in a research note issued to investors on Friday morning,MarketScreener reports. They currently have a neutral rating on the real estate investment trust’s stock.

A number of other analysts have also weighed in on EQR. Truist Financial dropped their target price on shares of Equity Residential from $75.00 to $70.00 and set a “buy” rating for the company in a report on Monday, November 17th. UBS Group boosted their price target on Equity Residential from $68.00 to $71.00 and gave the company a “buy” rating in a report on Thursday, January 8th. Jefferies Financial Group dropped their price objective on Equity Residential from $68.00 to $65.00 and set a “hold” rating for the company in a report on Tuesday, November 11th. The Goldman Sachs Group lifted their price objective on Equity Residential from $69.00 to $71.00 and gave the stock a “neutral” rating in a research report on Thursday, February 12th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Equity Residential in a research note on Thursday, January 22nd. Six investment analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $69.63.

Equity Residential Price Performance

Shares of Equity Residential stock traded down $0.33 on Friday, reaching $62.78. The stock had a trading volume of 1,864,282 shares, compared to its average volume of 2,918,498. The business’s 50 day moving average is $62.55 and its two-hundred day moving average is $62.57. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.73. Equity Residential has a 1 year low of $58.38 and a 1 year high of $73.14. The company has a market cap of $23.70 billion, a P/E ratio of 21.43, a price-to-earnings-growth ratio of 4.75 and a beta of 0.75.

Equity Residential (NYSE:EQR) last announced its earnings results on Thursday, February 5th. The real estate investment trust reported $1.03 earnings per share for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.01). Equity Residential had a return on equity of 9.98% and a net margin of 36.20%.The business had revenue of $781.91 million during the quarter, compared to the consensus estimate of $786.35 million. During the same quarter in the prior year, the company earned $1.00 earnings per share. Equity Residential’s revenue was up 2.0% compared to the same quarter last year. Equity Residential has set its Q1 2026 guidance at 0.940-0.980 EPS and its FY 2026 guidance at 4.020-4.140 EPS. As a group, research analysts anticipate that Equity Residential will post 3.98 EPS for the current year.

Equity Residential Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, January 2nd were issued a dividend of $0.6925 per share. This represents a $2.77 annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Friday, January 2nd. Equity Residential’s dividend payout ratio (DPR) is presently 94.54%.

Insider Transactions at Equity Residential

In related news, COO Michael L. Manelis sold 5,765 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total transaction of $375,474.45. Following the completion of the transaction, the chief operating officer owned 46,131 shares of the company’s stock, valued at $3,004,512.03. This trade represents a 11.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Robert Garechana sold 3,637 shares of the company’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total transaction of $236,877.81. Following the completion of the transaction, the executive vice president owned 18,740 shares in the company, valued at approximately $1,220,536.20. The trade was a 16.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 10,058 shares of company stock valued at $655,078 in the last ninety days. 1.10% of the stock is currently owned by corporate insiders.

Institutional Trading of Equity Residential

A number of institutional investors and hedge funds have recently bought and sold shares of EQR. Collier Financial purchased a new stake in Equity Residential during the 3rd quarter valued at $26,000. Fulcrum Asset Management LLP purchased a new stake in shares of Equity Residential during the third quarter valued at $27,000. Rosenberg Matthew Hamilton increased its holdings in Equity Residential by 69.2% in the 4th quarter. Rosenberg Matthew Hamilton now owns 440 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 180 shares in the last quarter. Harvest Fund Management Co. Ltd bought a new stake in Equity Residential in the 3rd quarter worth about $31,000. Finally, Zions Bancorporation National Association UT raised its position in Equity Residential by 375.2% in the 4th quarter. Zions Bancorporation National Association UT now owns 480 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 379 shares during the last quarter. 92.68% of the stock is currently owned by institutional investors.

Equity Residential Company Profile

Equity Residential (NYSE: EQR) is a publicly traded real estate investment trust that acquires, develops, owns and operates rental apartment properties. Headquartered in Chicago, the company focuses on delivering professionally managed, market-rate apartment homes and related services to renters. Its operations cover a range of property types, including high-rise and mid-rise assets, with amenities and on-site management designed to support resident retention and occupancy.

The company’s core activities include property acquisitions, development and redevelopment, leasing, and day-to-day property management.